CERC Rules In Favor Of Solar Power Companies In Compensation Dispute Over GST Rate Hike

In a recent development, the Central Electricity Regulatory Commission (CERC) has issued a significant ruling in response to petitions filed by solar power companies seeking compensation for the financial impact of the increase in the Goods and Services Tax (GST) rate. The petitioners, including Azure Power Forty-One Private Limited, Azure Power Forty-Three Private Limited, and Azure Power Maple P…